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Research library

The papers that actually matter for traders, each with a plain-English summary, what you can use from it, and what it does not prove. Most link to free full texts on SSRN, NBER or arXiv.

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CitationPaperTopicAccessDifficultyScore
Rotando & Thorp (1992)The Kelly Criterion and the Stock Market
American Mathematical Monthly
Risk and position sizingPaywalledModerate0
Brock et al. (1992)Simple Technical Trading Rules and the Stochastic Properties of Stock Returns
Journal of Finance
Technical analysisPaywalledModerate0
Fama (1991)Efficient Capital Markets: II
Journal of Finance
Market efficiencyPaywalledModerate0
Jegadeesh (1990)Evidence of Predictable Behavior of Security Returns
Journal of Finance
Mean reversion and overreactionPaywalledModerate0
Schwert (1989)Why Does Stock Market Volatility Change Over Time?
Journal of Finance
VolatilityPaywalledModerate0
Shefrin & Statman (1985)The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence
Journal of Finance
Behavioral financePaywalledModerate0
Roll (1984)A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market
Journal of Finance
Market microstructurePaywalledModerate0
Meese & Rogoff (1983)Empirical Exchange Rate Models of the Seventies: Do They Fit Out of Sample?
Journal of International Economics
Forex and carryPaywalledModerate0
Banz (1981)The Relationship Between Return and Market Value of Common Stocks
Journal of Financial Economics
Factors and anomaliesPaywalledModerate0
Kahneman & Tversky (1979)Prospect Theory: An Analysis of Decision under Risk
Econometrica
Behavioral financePaywalledModerate0
Fama (1970)Efficient Capital Markets: A Review of Theory and Empirical Work
Journal of Finance
Market efficiencyPaywalledModerate0
Markowitz (1952)Portfolio Selection
Journal of Finance
Risk and position sizingPaywalledModerate0